19d ago
KUALA LUMPUR, Dec 8 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) saw an uptick in profitability of eight selected local banking groups rated by the credit rating agency in the third quarter of 2025 (3Q 2025).
20d ago
KUALA LUMPUR, Dec 7 (Bernama) -- An additional 200,000 small and medium enterprises (SMEs) are expected to be exempted from e-invoicing following the government’s announcement to raise the exemption threshold to RM1 million, starting in 2026.
20d ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
22d ago
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).
22d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Capital A Bhd expects to complete the consolidation of its aviation business to AirAsia X Bhd and exit Practice Note 17 (PN17) status by the end of this month.
23d ago
KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
23d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.
23d ago
KUALA LUMPUR, Dec 4 (Bernama) -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.
23d ago
KUALA LUMPUR, Dec 4 (Bernama) -- Perma-Pipe International Holdings Inc has secured US$52 million in project awards during the third quarter (Q3) of 2025, including US$30 million previously announced in September. (US$1=RM4.11)
24d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The artificial intelligence (AI) sector is expected to contribute an additional 0.8-1.2 per cent to Malaysia’s gross domestic product by 2030, equivalent to RM13-20 billion a year, according to the Ministry of Digital.
24d ago
KUALA LUMPUR, Dec 3 (Bernama) -- Former Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz has been appointed as Malaysian Investment Development Authority (MIDA) chairman effective today.
25d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia Securities Bhd has taken enforcement action against two dealer’s representatives (DRs) for violating its rules and directives on conflicts of interest, and against one of them additionally for involvement in manipulative trading activities in several clients’ accounts.